- The fall of Bear Stearns is the biggest business story of the year by far and many books will likely be written on the topic. The Wall Street Journal weighs in with a three part series (Missed Opportunities, Run on the Bank and Dear or No Deal?) on the swift collapse of the brokerage firm.
- The Star’s Ellen Roseman offers this piece of advice to rebate cardholders: “Read your statements each month and the accompanying bill inserts – or you could miss out on valuable rewards”.
- Rob Carrick on how to pick a trustworthy investment adviser.
- Jon Cheveau talks to Malcolm Hamilton who advises young couples to pay down debt first and worry about saving for retirement later. The Wealthy Boomer also conducted a two part video interview with Mr. Hamilton (Part 1 and Part 2) that’s worth checking out.
- Canadian Mortgage Trends reported that the big banks are chopping the interest rates on fixed mortgages.
- Gail Vaz-Oxlade says that reading (your bills) can save you money.
- ETFs were supposed to be ultra low-cost vehicles that allow average investors like you and me to do better than most professionals out there. Tom Bradley bemoans the perversion of the idea in new products that charge 2.25% for a bunch of ETFs. Mutual funds, anyone?
- Thicken My Wallet on why large mutual funds under perform the market.
- Congratulations to Million Dollar Journey for a mention in the Summer 2008 issue of MoneySense magazine.
- New blogger Jim Somerville explains estates and probate fees.